I want to know in case of unlisted public company having networth of less than 250 crores, is Ind AS applicable to it?
Kindly reply, its urgent.
Amit Ashok Chawla
(Corporate Trainer)
(383 Points)
Replied 27 October 2016
this is applicable only during phase III (Starting 1st April 2018) However, the date of transition is going to be 1st April 2016 for such companies.